Dollar an Unguided Missile as Yen Hits All-Time Low, China Ponders Devaluation, and U.S. Deficits Rise
The dollar is wreaking havoc around the world, yet the federal government and Treasury Secretary Janet Yellen refuse to do anything about it.
Economic View: Leading Economists Turn Against Free Trade – “A Flawed Game”
Respected economists including Janet Yellen, Mario Draghi, Paul Romer and Angus Deaton have been critical of free trade and globalization in recent weeks.
Economic View: Productivism is the Key to National Prosperity
US productivity growth has underperformed since the year 2000.
Currency Misalignment Monitor, April 2024
The April Currency Misalignment Monitor shows that the dollar continues to be heavily overvalued and major Asian currencies remain undervalued.
Surge in Pharmaceutical Imports Threatens U.S. National Security as India/China Dominance Grows
KEY POINTS U.S. pharmaceutical imports have risen sharply in the last decade, with imports from China and India skyrocketing. India and China are increasingly the
Long-Term Downtrend in Domestic Producer Share of US Market Continues
The CPA Domestic Market Share Index (DMSI) fell again in Q3 as domestic producers continued to lose share to importers in the U.S. market.
Economic View: The Coming Solar Apocalypse…and How to Prevent It
Key Points With 86 Gigawatts of planned solar module capacity and some 30 Gigawatts of imports, the U.S. market faces huge oversupply of solar modules.
Economic View: Tariffs Have Strengthened the U.S. Economy
The 2018-2019 tariffs have created thousands of U.S. jobs.
China Faces Debt Meltdown. A Shift to Domestic Chinese Consumption is the Solution
China’s domestic consumption is 20 points lower than other major economies. It needs to raise consumption to address indebtedness and to raise living standards in China.
Steel Conduit Imports from Mexico Continue to Surge Far Above Agreed Limits
U.S. imports of steel conduit from Mexico have exploded since 2017.
